Nomura Holdings Inc. Grows Holdings in Host Hotels & Resorts, Inc. $HST

Key Points

• Nomura Holdings Inc. increased its holdings in Host Hotels & Resorts, Inc. by 67.1%, owning 174,133 shares valued at $2.47 million.
• In the first quarter, several other institutional investors also significantly increased their stakes in Host Hotels, with NBC Securities raising its position by over 185,000%.
• Host Hotels recently reported a quarterly EPS of $0.58, exceeding analyst expectations, and set an FY 2025 earnings guidance between $1.980 and $2.020.

Nomura Holdings Inc. lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 67.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,133 shares of the company's stock after buying an additional 69,946 shares during the quarter. Nomura Holdings Inc.'s holdings in Host Hotels & Resorts were worth $2,474,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. grew its position in shares of Host Hotels & Resorts by 185,200.0% in the 1st quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock worth $26,000 after buying an additional 1,852 shares during the period. Versant Capital Management Inc grew its position in shares of Host Hotels & Resorts by 696.3% in the 1st quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock worth $33,000 after buying an additional 2,047 shares during the period. AlphaQuest LLC purchased a new stake in shares of Host Hotels & Resorts in the 1st quarter worth about $33,000. Brooklyn Investment Group grew its position in shares of Host Hotels & Resorts by 348.1% in the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company's stock worth $34,000 after buying an additional 1,845 shares during the period. Finally, National Pension Service grew its position in shares of Host Hotels & Resorts by 74.8% in the 1st quarter. National Pension Service now owns 2,596 shares of the company's stock worth $37,000 after buying an additional 1,111 shares during the period. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $17.07 on Wednesday. The company has a 50 day moving average price of $16.17 and a 200-day moving average price of $15.41. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.36. The firm has a market capitalization of $11.74 billion, a PE ratio of 18.16 and a beta of 1.36. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the business posted $0.57 earnings per share. The business's revenue for the quarter was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, June 30th. Host Hotels & Resorts's dividend payout ratio is 85.11%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of Host Hotels & Resorts in a research report on Monday, June 23rd. They issued a "neutral" rating and a $16.00 target price on the stock. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Stifel Nicolaus increased their price objective on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Evercore ISI increased their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average price target of $17.59.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.

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